Alvotech (ALVO)

NASDAQ: ALVO · Real-Time Price · USD

4.190

-0.480 (-10.28%)

At close: Nov 13, 2026, 4:00 PM EST

4.260

+0.070 (1.67%)

After-hours: Nov 13, 2026, 4:59 PM EST

Alvotech Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	492.31	588.9	491.98	93.38	85.02	39.68
Revenue Growth	-14.13%	19.70%	426.84%	9.84%	114.23%	-42.86%
Gross Profit	280.93	353.35	306.67	-67.47	20.92	39.68
Operating Income	63.63	82.81	70.44	-270.53	-322.75	-218.96
Net Income	-249.21	27.92	-231.86	-551.73	-513.58	-101.5
Earnings Per Share	-0.81	0.10	-0.87	-2.43	-2.60	-0.92
EPS Growth	-	-	-	-	-	-

Revenue by Geography

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Europe	307.22	157.59	63.51	39.43	20.51
Usa	241.37	273.04	9.43	17.94	-
Rest of World	37.73	59.06	18.49	25.66	-
Total	586.32	489.68	91.43	83.03	36.77

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	61.47	172.36	51.43	11.16	66.43	17.56
Total Debt	1,561	1,449	1,190	1,075	805.1	523.05
Net Cash (Debt)	-1,499	-1,277	-1,139	-1,064	-738.68	-505.5
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-4.89	-4.38	-4.25	-4.68	-3.74	-4.57

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	-268.53	-50.2	-236.84	-312.19	-312.39	-228.17
Capital Expenditures	-49.1	-64.47	-53.66	-33.23	-37.88	-20.46
Free Cash Flow	-317.62	-114.67	-290.5	-345.42	-350.27	-248.63
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	57.06%	60.00%	62.33%	-72.26%	24.61%	100.00%
Operating Margin	12.93%	14.06%	14.32%	-289.70%	-379.63%	-551.76%
Pretax Margin	-23.26%	23.15%	-44.22%	-697.19%	-648.87%	-375.97%
Profit Margin	-50.62%	4.74%	-47.13%	-590.83%	-604.09%	-255.78%
FCF Margin	-64.52%	-19.47%	-59.05%	-369.90%	-412.00%	-626.53%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 15, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	57.52	-	-	-	-
Forward PE	25.83	36.72	102.56	-	-	-
PS Ratio	3.04	2.73	8.11	32.64	29.25	7.78